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Digital security is defined as the tool used to secure identity, assets, data, and devices. It is way of protecting online identity as it represents physical identity on the network of organizations, which are operating on the internet service.Â
It helps organizations to secure internet files & accounts from the threat of an external user. Digital security provides data protection, network security, and protection from external threats.Â
COVID-19 scenario Analysis:
Increase in demand for data safety and security majorly drives growth of this digital security market. In addition, growing need for strong authentication & network surveillances further fuels growth of the market. However, high initial setup and maintenance cost of digital security solutions restrains growth of this market. Furthermore, rise in demand of digital security system in telecommunication as well as internet security industry is opportunistic for the market.
The major concern for any organization is the security of their private data collected and stored. With the help of digital security, organizations would be able to protect their data from cyber-attacks. However, with the use of data security tools the organizations are able to collect a large amount of data in addition with the security. Hence, due to high data security offered by digital security solutions, its adoption is expected to increase.
One of the major challenges in the implementation of digital security is the cost required for installation, configuration, and maintenance. As the digital security is dependent on the heavy data driven technology and it consists of very expensive and complex tools which requires a huge amount of operational cost, thus expected to act as a restraining factor for the digital security market.Â
Key benefits of the report:
Digital Security Market Report Highlights
Aspects | Details |
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By Component Type |
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By Organizational Size |
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By Industry Vertical |
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Key Market Players | Fireeye Inc., Safenet Inc., Morpho Inc., NEC Corp., HID Global Corp., ABB Ltd., Cisco Systems., Vasco data security International LLC, RSA Security LLC, Oberthur Technologies |
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